S&P report News

Japanese Typhoons Put Downward Pressure on Creditworthiness of Insurers: S&P

The recent run of large natural disasters to hit Japan likely has put downward pressure on the creditworthiness of the nation’s three largest non-life insurance groups, according to S&P Global Ratings in a market briefing. Following July’s heavy rains, Typhoon …

S&P Report Urges ‘Disaster Resilience’ with Governments for Reinsurers’ Growth

Standard & Poor’s Rating Services announced the publication of its “Global Reinsurance Highlights” to coincide with the 2014 Reinsurance Rendezvous in September. S&P described the report as providing “a detailed perspective on the market, focusing on the competitive pressures that …

S&P Report Finds Volume Increases as Prices Drop in the ILS Market

Standard & Poor’s Ratings Services will publish its annual “Global Reinsurance Highlights” publication to coincide with the 2014 Reinsurance Rendez-Vous in September. S&P said the report would “provide a detailed perspective on the market, focusing on the competitive pressures that …

Are Bermuda’s Re/Insurers ‘Victims of Their Own Success?’ S&P Report

Bermuda’s re/insurers “reaped strong earnings in 2013 despite increasing competition, persistently low investment yields, and a tepid economic recovery in the U.S. and Europe,” according to a Standard & Poor’s Ratings Services report titled “Barbarians At The Gates: Are Bermudian …

S&P Says Reinsurers Faced Unexpected Risks from Hurricane Sandy

A report from Standard & Poor’s Ratings Services notes that “despite uncertainties regarding final loss totals from Hurricane Sandy expects only a limited ratings impact on insurers and reinsurers exposed to such losses.” According to the report, “Hurricane Sandy Brings …